$1,550,000
SOLD JUL 16, 2026
4 Beds
4 Baths
2,235 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: July 16, 2026

$694 Per Sq Ft

3% Below List Price

52 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Guest Parking
  • Monterey High School Rated A
  • Enclosed Parking
  • Washer and Dryer

About This Home

As of July 2026

Ideally located on a large corner lot just blocks from the bay, Cannery Row, Monterey Bay Aquarium, restaurants, shopping, the scenic recreation trail, public transportation and more. Built by the current owner's family in 1987, this is the first time this property has been on the market. The foundation of the building is a reinforced concrete carport with 5+ parking spaces and storage for each unit. The apartments are on the second level, taking advantage of the bay views. This fully occupied fourplex has a strong rental history making it an excellent investment and key asset for your portfolio.

Last Agent to Sell the Property

Jeannie Ferrara

Coldwell Banker Realty License #01464647 Listed on: 04/18/2026

Coldwell Banker Realty

Co-Listed By

Joanne Garden

Coldwell Banker Realty License #00978911

Last Buyer's Agent

Victor Nemechek

Radius Agent Realty License #02132293

Radius Agent Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1987

Property Views

  • Ocean
  • Bay
  • City Lights
  • Mountain
  • Hills

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Reinforced Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,235 Sq Ft Home
  • 2-Story Property
  • Security Lights
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces
  • Enclosed Parking
  • Guest Parking
  • Off-Street Parking
  • Off-Site Parking
  • Assigned Parking

Utilities

  • Heating Available
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $96,600

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $2,180
  • Insurance Expense $3,511
  • Maintenance Expense $390
  • Manager Expense $6,762
  • Trash Expense $150
  • Operating Expense $30,593
  • Gross Income $96,600

Property Details

Home Type

Multi-Family

Year Built

1987

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Zoning: R-3-5
  • Subclass: Fourplex
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2235
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1987

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Garbage Disposal, Oven - Electric, Refrigerator
  • Living Sq Ft: 2235
  • Stories: 2
  • Security: Security Lights
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab, Reinforced Concrete
  • Roof: Composition
  • View: Bay, City Lights, Hills, Mountains, Ocean
  • Construction Type: Concrete, Wood Frame

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Assigned Spaces, Carport, Enclosed, Guest / Visitor Parking, Off-Site Parking, Off-Street Parking
  • Carport Min: 5

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6098.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6098.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.56
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 3511
  • Expense Landscape: 2180
  • Expense Maintenance: 390
  • Expense Management: 6762
  • Expenses Total: 30593
  • Expense Trash: 150
  • Income Annual Gross: 96600.00
  • Income Annual Rental: 96600
  • Income Gross Scheduled: 96600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Maintenance - Repair, Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/16/2026 07/16/26 Sold $1,550,000 -3.1% $694 / Sq Ft
06/10/2026 06/10/26 Pending -- -- --
05/18/2026 05/18/26 For Sale $1,600,000 0.0% $716 / Sq Ft
04/28/2026 04/28/26 Pending -- -- --
04/18/2026 04/18/26 For Sale $1,600,000 -- $716 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,174 $304,990 $48,960 $256,030
2024 $3,818 $299,010 $48,000 $251,010
2023 $3,422 $293,148 $47,059 $246,089
2022 $3,376 $287,401 $46,137 $241,264
2021 $3,329 $281,767 $45,233 $236,534
2020 $3,211 $278,879 $44,770 $234,109
2019 $3,354 $273,412 $43,893 $229,519
2018 $3,230 $268,052 $43,033 $225,019
2017 $3,006 $262,797 $42,190 $220,607
2016 $2,955 $257,645 $41,363 $216,282
2015 $2,915 $253,776 $40,742 $213,034
2014 $2,865 $248,805 $39,944 $208,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82043619

MLSListings

APN: 001-087-005

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